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B.S. in Actuarial Science

Otterbein University Course Catalogs

2010-2011 Undergraduate Catalog 
    
    Apr 26, 2024  
2010-2011 Undergraduate Catalog [Archived Catalog]

ASCI 301 - FINANCIAL MATHEMATICS II

Hours: 5
This course first introduces key terms of financial economics: derivatives, forwards, futures, short and long positions, call and put options, spreads, collars, hedging, arbitrage, and swaps.  It then illustrates the use of derivatives as financial risk management tools.  It also discusses the methods of determining the theoretical value of forwards, futures and swaps using the concept of no-arbitrage, and calculating the value of European and American options using the binomial model.
Prerequisites: ASCI 300 and MATH 230.
Notes: Alt. Yrs.